Registered: May 2002
05-27-08 04:19 AM
Quote from DavidDT:
It is easy to say so in the hindsight, but based on my experience TDSeq does not give correct indications of direction change for continuous trend ( unless you use 2days, or 3, or weekly for counts).
I probably did not read till the end of the thread, but anyways - I guess you know what I said above too, so - WHY GTI short on 5/15?
I agree with you about TDSeq and many other of DeMarks indicators not working out of the box. I think he could be more upfront about the indicators not being optimal.
I don't actually use any of his indicators but I do use and agree with the concept of fading to achieve greater results.
GTI was a swing trade that didn't act the way I expected so I cut and ran to keep the result small.